Is there any way things could get worse for Arsenal? Well, they could lose out on Julio Cesar, too.

The Gonzalo Higuain saga continues to drag on, and more and more, it's looking like he'll either stay at Real Madrid or go to a different club. Marca (via the Daily Mail's John Drayton) reported the striker will talk with Madrid about his role in the club next season. Higuain could also be a target for Napoli, per Tuttosport (via Marca).

The Guardian's David Hytner reported Arsenal bid £35 million for Luis Suarez. The deal seems unlikely, though, in part because it would be smashing the Gunners' transfer record and, in doing so, would be bringing in a volatile player like Suarez. Neither of those seems likely by an ArseneWenger-coached club.

As a result of these possible moves, Cesar speculation has fallen by the wayside. His agent has talked to calciomercato.it (via Goal.com) and said that while a move to Napoli could happen very soon, it's still yet to be confirmed:

It's not all done yet - there are many possibilities but there are some details to be resolved between the player and Napoli.

When will the signature arrive? I don't know, it could be today, or in a few days.

There has been some interest from Spain, but nothing concrete. The only two concrete tracks are Arsenal and Napoli.

By missing out on Cesar, Arsenal would be ensuring it's another summer of discontent at the Emirates. Although it has become a yearly tradition, this summer felt different. Finally, the club was going to spend whatever money it has been saving up for the last five years.

Would missing out on Julio Cesar be a big loss for Arsenal?

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Would missing out on Julio Cesar be a big loss for Arsenal?

Yes

72.8%

No

27.2%

Total votes: 1,164

It had been a long time before the rumors of a top player like Higuain coming to Arsenal were so substantiated. Tons of names have been linked to the club. You never really bought into them, though. You really did start to believe that Higuain would be an Arsenal player next season. That seems like a pipe dream at the present moment.

And Suarez doesn't seem more than a dream, either, for the reasons already given.

Cesar is an extremely likely candidate to move, and it should take very little from the Gunners to bring him on if they were truly serious.

There are plenty of reasons the Emirates is a great destination. The 33-year-old would get to stay in London, get plenty of first-team opportunities and have Champions League football as well.

This would be a perfect purchase for Arsenal as well.

Cesar would be a great mentor for WojciechSzczesny, arguably the first in his time at the club. Szczesny has shown promise over the past couple of seasons since taking over from Manuel Almunia. Too many times last year, though, Szczesny made foolish mistakes—too many for somebody of his talent.

Clive Mason/Getty Images

It's not an indication that Szczesny isn't the goalkeeper of the future. Rather, it's more a sign that he has become complacent at Arsenal without anybody to challenge him. There's not that backup who can help to bring out the best in Szczesny as he challenges for the goalkeeping job.

Losing Cesar would mean watching another great option slip right through the fingers of Arsenal. It would just be another indicator that the Gunners are going to have another transfer window where they fail to properly address their issues and instead settle for subpar options, probably close to the window closing, so their price is even higher.